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Business and Economy
The Naira plunges to 980 per US dollar, exacerbating the foreign exchange shortage
The Nigerian Naira's decline persisted as it reached a rate of 980 Naira per US dollar in the parallel market on Wednesday, marking a...
As of September 20, 2023, the black market (parallel market) exchange rate for the US Dollar (USD) to the Nigerian Naira (NGN) is as...
By Daniel Edu- Buying Rate: N965 NGN
- Selling Rate: N970 NGNPlease be aware that these rates are specific to the Lagos Parallel Market (Black...
“U.S. Government Commits to Boost Nigeria’s Economy through Investments”
By Milcah TanimuThe U.S. Deputy Treasury Secretary, Wally Adeyemo, has announced the U.S. government's intention to invest in various enterprises, both small and large,...
Nigeria’s Crude Oil Production Declines from 2.5 to 1.1 Million Barrels Per Day
By Milcah TanimuRecent data from Statista reveals a significant decline in Nigeria's crude oil production over the past 23 years. At its peak, Nigeria...
Africa: Argentinean Foreign Policy Under-Secretary’s visit to African Development Bank underscores partnership opportunities in agriculture and pharma
Argentinean Foreign Policy Under-Secretary’s visit to African Development Bank underscores partnership opportunities in agriculture and pharmaThe Under-Secretary who visited the Bank’s Abidjan headquarters on...
Gas Retailers Sound Alarm: 12.5kg Cooking Gas Cylinder Price May Soar to N18,000 by December Without Government Intervention
By Daniel EduOlatunbosun Oladapo, the President of the Nigerian Association of Liquefied Petroleum Gas Marketers, expressed concern over the sharp increase in the price...
Port Access Roads Require Urgent Attention, Says ENL Consortium CEO
By Daniel EduDr. Vicky Haastrup, the Executive Vice Chairman and CEO of ENL Consortium, who also serves as the Chairman of the Seaport Terminal...
**NNPCL Reports N18.4 Billion Q1 Profit Following OVH Acquisition, Says Mele Kyari**
By Daniel EduThe Nigerian National Petroleum Company Limited (NNPCL) has achieved a profit of N18.4 billion in the first quarter of 2023, less than...
**Black Market Exchange Rates for USD to Naira on September 16th, 2023**
By Daniel EduLooking for the current Dollar to Naira exchange rate on the black market, also known as the parallel market (Aboki fx)? Check...
Mele Kyari Addresses Rumors of NNPC Headquarters Relocation from Abuja to Lagos
By Daniel EduThe Nigeria National Petroleum Company (NNPC) Ltd has officially denied any intentions of relocating its headquarters from Abuja to Lagos.During an investigative...
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